Nev. Admin. Code § 669A.250 - Request for written clarification or modification of examination guidance; issuance of clarification or modification for good cause; examination guidance and any clarification or modification constitutes scope of examination
1. A licensed family trust company may seek
written clarification or modification of the examination guidance by submitting
a written request to the Commissioner. The Commissioner may issue written
clarification or modification of the examination guidance applicable to a
licensed family trust company for good cause.
2. A licensed family trust company and a
qualified firm engaged by a licensed family trust company to perform an
independent review may rely upon the examination guidance in effect at the time
that a notice of examination is provided pursuant to section 21 of this
regulation, as clarified or modified by the response of the Commissioner to a
written request submitted by the licensed family trust company pursuant to
subsection 1, as the official statement of the Division of the scope of the
examination.
Notes
NRS 669A.270
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